The spinning mill in Murg was founded in the year 1836 by Othmar Blumer from Glarus and production started a year later. Nearly 30 years later the main building burnt down. The new construction dating from 1864 forms the current basic structure.  The subsequent successful business operations required various expansions and extensions.

In 1900 Cosmus Schindler,  a relative through marriage of the Blumers,  took over the spinning mill and founded a joint stock company. He understood  how to continually build up the company, even in hard times, until his death in 1950. A lack of raw materials in 1946 was soon followed by a shortage of workers.  This bottleneck was bridged by employing foreign female workers from Italy. The so-called "girls' home" was provided as accommodation for these workers.

In 1950, albeit somewhat reservedly, the 50th anniversary of the joint stock company was celebrated.

In the mid 1950s, after a few transitional years, Cosmos Schindler's grandsons, Hans Peter and Heinrich von Ziegler took over the executive management.

The success of the spinning mill was largely dependent on textile exports. Time and time again good years alternated with times of crisis. In the good years, sizeable new investments were always made.

Consequently,  at the beginning of the 1970s, a modern extension building was constructed where the latest ring spinning machines were installed.

A new warehouse in the centre of the village followed in 1989 as did a renovation of the generating plant and additional investment in new machinery.

At the same time the textile industry started to come under extreme price pressure as the East started to open up. More and more mill customers  transferred their manufacturing operations firstly to Eastern Europe and then later to the Far East. It soon became clear that this process was not simply an economic cycle but rather that structural change was taking place. Profitable production in the long-term could no longer be guaranteed. In 1996, after 160 years, Murg Spinning Mill was obliged to throw in the towel. The most important employer in the village was gone.